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Earnings Watch: Edita, Elsewedy Electric, GB Auto, EKH, PHD, ACC, NBK
EARNINGS WATCH- High-profile snackfood maker Edita recorded a 20.4% y-o-y increase in net profit in 4Q2018 to EGP 128.3 mn,…
Egypt’s position as regional hub secure as LNG demand looks set to grow
Israel’s LNG export dreams look increasingly dependent on Egypt: It is increasingly clear that an agreement between Cyprus, Greece, and…
Egypt economic growth to beat expectations- Capital Economics
Egypt’s economic growth will beat expectations as sovereign bond yields fall and the government’s austerity program draws to a close,…
Details emerge on cost-to-income ratio under new banks tax treatment
EXCLUSIVE- Here’s how banks will have to calculate their cost-to-income ratio for income from treasuries under the new tax treatment:…
At least 20 killed in Ramsis station train accident, minister resigns
At least 20 people died yesterday when a train ran into a barrier inside Ramsis station in Downtown Cairo. More…
Shoukry criticises use of UN Human Rights Council for political ends
Shoukry criticizes use of UN Human Rights Council for political ends: Foreign Minister Sameh Shoukry was in Geneva yesterday for…
Sarwa Capital’s 4Q profit unchanged, volatility seen in the short term
EARNINGS WATCH- Sarwa Capital’s 4Q profit unchanged, volatility seen in the short term: Structured- and consumer-finance firm Sarwa Capital’s 4Q2018…
NBK Capital Partners’ Kaumeya Language School acquires KIAS
M&A WATCH- NBK Capital Partners’ Kaumeya Language School acquires KIAS: NBK Capital Partners’ Kaumeya Language School has acquired King Integrated…
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